Barclays – Page 12 – Bounce Back Loan

Starling Bank’s Forced Liquidation Push Winds Up 25 Companies in BBL Fraud Crackdown

The High Court has wound up 25 of 30 companies targeted by Starling Bank for alleged Bounce Back Loan fraud, with five cases dismissed—more actions expected […]

Efefiong Koko Ita, Director of Gif Consultancy Ltd, Banned for 5 Years for Misusing Barclays Bounce Back Loan

Efefiong Koko Ita, director of Gif Consultancy Ltd, faces a five-year ban for using a Barclays Bounce Back Loan for personal benefit. The director has been repaying the liquidator £500 monthly, reflecting partial accountability. […]

Saifur Alam, Director of Zara’s Novelties Limited, Receives 7-Year Ban for Failing to Verify Barclays Bounce Back Loan Eligibility

Saifur Alam, director of Zara’s Novelties Limited, has been banned for seven years for failing to provide accounting records to verify the legitimacy of a Barclays Bounce Back Loan. The ban reflects potential financial misconduct. […]

Yordan Gruychev, Director of E & Y Drylining Ltd, Banned for 9 Years for Misrepresenting Turnover to Secure £45,000 Barclays Bounce Back Loan

Yordan Gruychev, director of E & Y Drylining Ltd, faces a nine-year ban for exaggerating turnover to secure a £45,000 Barclays Bounce Back Loan. The disqualification highlights misuse of pandemic relief funds. […]

Paul Rowe, Director of The Geordie Stottie Ltd, Receives 10-Year Ban for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan

Paul Rowe, director of The Geordie Stottie Ltd, has been banned for 10 years for overestimating turnover to secure a £50,000 Barclays Bounce Back Loan. The ban reflects misuse of pandemic relief funds. […]

Eugene Obiorah Nwanonye, Director of Leo Travels Limited, Banned for 11 Years for Misrepresenting Turnover and Misusing £40,000 Barclays Bounce Back Loan

Eugene Obiorah Nwanonye, director of Leo Travels Limited, faces an 11-year ban for inflating turnover to secure a £40,000 Barclays Bounce Back Loan and transferring most to unknown recipients. The disqualification highlights serious misconduct. […]

Sarah Ilyas, Director of 1SR Limited, Banned for 10 Years for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan

Sarah Ilyas, director of 1SR Limited, faces a 10-year ban for claiming a £200,000 turnover, when it was £354, to secure a £50,000 Barclays Bounce Back Loan. Liquidator Rikki Burton’s findings led to the disqualification. […]

Wayne Windrum, Director of WW Engineering Ltd, Receives 11-Year Ban for Securing £18,000 Barclays Bounce Back Loan for Non-Trading Company

Wayne Windrum, director of WW Engineering Ltd, has been banned for 11 years for securing an £18,000 Barclays Bounce Back Loan for a company that ceased trading in 2019 and using it for personal benefit. The ban reflects serious misconduct. […]

Reeves Pushes Lenders for BBL Forced Liquidations, Barclays Recovers £456K from Fraudsters

Rachel Reeves incentivizes lenders for the BBL forced liquidation scheme, with Barclays recovering £456,477.48 from 31 fraudsters, though six have disappeared. […]

Rizvana Hussain, Director of FIC 001 Ltd, Banned for 10 Years for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan

Rizvana Hussain, director of FIC 001 Ltd, faces a 10-year ban for exaggerating turnover by £258,513 to secure a £50,000 Barclays Bounce Back Loan. The disqualification reflects misuse of government-backed funds. […]